Word: kp
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...toilet paper cost 100,000 pesos, or $34. Suárez recalled a bidding war that broke out over a transistor radio that finally sold for the equivalent of $12,000. Some of the troops, intent on spending every waking hour looking for money, bought their way out of KP by paying colleagues up to 10 million pesos - or about $3,500 - to replace them...
...KP: Humans are highly social beings - we can either behave competitively or we can be cooperative. In more unequal societies, people are more out for themselves. Their involvement in community life drops away, and that?s corrosive...
...just the poor who suffer in unequal societies? KP: The impact of inequality, although greatest among the poor, does seem to effect people almost all the way up the income ladder. We are not sure about the super-rich. They make up less than 1% of the population, so it's difficult to track...
...pick a U.S. state to live in based on your data, which would it be? KP: Vermont, with Iowa, New Hampshire or Utah close behind...
...KP: Since we finished the book, we?ve found that more-equal societies are more innovative in terms of patents granted per capita. This is probably because they develop more human capital. Kids do better in school, and social mobility is higher. We need innovation to tackle climate change...